Asia will remain the fastest growing region of the world, but the spotlight will shift away from China to India and Indonesia. We think Indonesia is on course to join the elite ‘trillion dollar’ economy club this year. In comparison, … Continue reading →
The Ministry of Public Works and Public Housing has approved 952 contracts for infrastructure improvements in Indonesia worth Rp6.43 trillion. Minister of Public Works and Public Housing Basuki Hadimuljono, said on Wednesday that at least 68 contracts out of the … Continue reading →
In the Indonesia Economic Quarterly report released here on Wednesday, the World Bank has forecast that Indonesias gross domestic product will reach 5.3 percent in 2017. According to the report, Indonesias fiscal policy credibility has been improving coupled with more … Continue reading →
The government welcomes investments in the coal-gas conversion (gasification) industry. The Industry Ministry’s director general of chemical, textile and various industries (IKTA) Achmad Sigit Dwiwahjono said Indonesia’s gasification potential is huge, considering the country’s large volume of low-grade coal reserves. … Continue reading →
Indonesia has been one of the most lucrative investment destinations in the Asia-Pacific, given the positive performance of the stock market and its stable currency. This is evidenced by foreign flows into the stock market reaching Rp28.76 trillion (US$2.22 billion) … Continue reading →